US stocks fell away late this morning led by the tech-based NASDAQ which dropped by -1%, while the Dow after spending most of the day in positive territory closed down -211 points. Considering our target for 2022 is only 6% away we expect plenty of more choppy sessions before the turkeys hit the Christmas table.
- We are bullish on US stocks into Christmas with an initial target around 4200, or 6% higher.
MM remains bullish on US equities into Christmas
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